Florida holds the line on unemployment rate, lowest since 2008

Gov Scott promoting jobs
Gov. Scott highlights job growth at Correct Craft, Inc. with President and CEO, Bill Yeargin

While Florida’s statewide unemployment rate continues to stay below the national average, Gov. Rick Scott announced Friday that 34,500 private-sector jobs were created in the Sunshine State last month. A total of 369,100 private-sector jobs have been added in the past two-and-a-half years, making the state’s May, June, and July unemployment rate of 7.1 percent the lowest since September 2008.

“It is great news that with 34,500 new private-sector jobs created in July, we are more than half-way to our goal of creating 700,000 jobs in seven years,” Scott said in a statement issued by his office. “In the four years before I took office, Florida lost 832,000 jobs and unemployment tripled to 11.1 percent. Now, with an unemployment rate below the national average for the 5th consecutive month, and nearly 370,000 private-sector jobs added in two and a half years, it’s clear that IT’S WORKING in Florida.”

Florida’s statewide unemployment rate has dropped four percentage points, from 11.1 percent, since December 2010. During that time, the national unemployment rate has dropped only  1.9 percentage points, according to the governor’s statement.

The governor’s office provided a list of Florida’s job accomplishments:

Florida experienced positive annual job growth for 36 consecutive months.

Florida’s job growth month-to-month has been positive for 23 of the last 25 months.

Florida created 34,500 private sector jobs in July 2013.

Florida has created 369,100 new private sector jobs since December 2010.

Florida is expected to create almost 1.1 million new jobs by 2018, according to the Florida Economic Estimating Conference.

Florida job postings compiled by the Help Wanted OnLine data series from The Conference Board showed 254,823 openings in July 2013 (seasonally adjusted).  Florida had the fourth highest number of openings in the nation compared to all states.

The July 2013 monthly employment data can be found at FloridaJobs.org.

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